The Honorable Mike Leavitt Shares His Insights at 2016 NIC Fall Conference
After being sworn in as Health and Human Services Secretary under President George W. Bush, three-time Utah Governor Mike Leavitt was taken to an undisclosed location by “very serious men in black cars” to learn his duties of being in the line of succession to the presidency. One…
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On September 15, at the 2016 NIC Fall Conference, NIC released its 2Q2016 Skilled Nursing Data Report. The report includes key occupancy and revenue metrics from October 2011 through June 2016. In today’s blog post, I’ll walk you through the data.
Occupancy Declined to a Five-Year Low
After bouncing back in the first quarter of 2016, occupancy declined 123 basis…
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Jerry Doctrow Previews Session with Public Operator CEOs
As featured in the August NIC Insider Newsletter
Post-acute care is an industry in flux. While it takes in $59 billion each year in Medicare payments alone, payments are declining, and providers in the space are feeling pressure on their operating profits.
“It’s a big business,” said Jerry Doctrow, principal at Robust…
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The Honorable Mike Leavitt to Speak about a Rapidly Changing Industry
Former Utah Governor, former Secretary of Health and Human Services, current founder and chairman of Leavitt Partners . . . There’s no doubt that Mike Leavitt has an impressive history. But it’s not just his resume that makes his perspective on seniors housing and care unique and exciting. Leavitt’s…
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The Labor Department reported that nonfarm payrolls increased by 151,000 positions in August, a bit less than the 180,000 positions consensus projection and down from a very strong showing of 275,000 in July and 271,000 in June. Hiring has averaged 182,000 new positions per month over the past eight months. That is down from average gains of 229,000 in 2015.…
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